IMEC venture capital fund closes at €117 million
The VC firm was created to invest in early-stage and growth startups originating both inside and outside IMEC while making use of IMEC’s technology knowledge and expertise and where access to IMEC engineering and cleanrooms can be a differentiator or an aid to success.
Since it was launched in 2017 it has attracted money from Samsung Electronics, BNP Paribas Fortis, Applied Materials, SK Hynix, Philips, the Brabant development company BOM, KBC Insurance, the Belgian federal investment company SFPI-FPIM and several high net worth individuals and universities.
The fund is managed by Peter Vanbekbergen, Frank Bulens, Cyril Vančura and Tom Vanhoutte.
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